In today's video I explain why am reconsidering my previous bullishness after I reconsidered the long term technical and fundamental resistance. Technical factors such as long term resistance and fundamental factors such as high supplies in Russia, topped with weak demand and questioning the narrative about the actual effects of the recent dryness concerns in the...
BTC Analysis Bitcoin has had a quick sell off today but seems to be having a buy reaction at the 50% retracement. This would be a good area for the price to turn around. I am bullish as long as the price is above $58,485. One more low to around 60k is possible, but the price has already done enough for this correction to be complete.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
Big F currently at a Genesis fib at $12.96 This fib has shown itself to the market. Even the fib-blind are watching this level. =====================================
Downward parallel channel but price is in the top section respecting the middle white band if it breaks out the channel we can see a potential rally up also there is a Rounded bottom on the 4hr stochastic which is a signal of bullish movement building after divergence 9
XAUUSD entry point on the 2311 and the 2312 and the targeting zone is2305 its our fisrt targeting point and the second is 2300 and the third is 2290 so focus in the 2290 and our sl is 2319 if market against then close your lots on 2319 us proper risk managment all the conformations about selling .........
4h - still within bearish internal range tomorrow I am looking at bullish towards the 15m FVG and then price could continue upside or go downside towards the 2h first low area to clear out sell side liquidity for the rest of the week. 1h WIP bearish H&S
This Chart is printing a bearish trend as their is no divergence .This Chart is called bearish Flag
The US30 index is exhibiting bullish momentum following a break above key resistance levels. This surge is fueled by recent developments highlighted in an article discussing Federal Reserve Chair Jay Powell's measured response to escalating inflation. Unlike previous statements, Powell's composed approach towards inflation, aiming to avoid aggressively targeting a...
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 27.63 which is a pullback resistance. Stop loss is at 28.30 which is a level that sits above the 127.2% Fibonacci extension level and a pullback resistance. Take profit is at 26.83 which is an overlap support. High Risk...
All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice. I will try to update my positions frequently.
The Euro (EUR/USD) is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.0740 which is an overlap support. Stop loss is at 1.0690 which is a level that lies underneath a pullback support and a confluence of Fibonacci levels i.e. the 61.8% retracement and the 100% projection levels. Take profit is...
il India is showing good relative strength compared to the general market and had good earnings in the last quarter.
Hello friends, Wave 3 has reatched to the needed level Or slightly continue, For knowing the indication and more details, You can find it easily on the Channel video. I hope to update you, Don't forget to follow/subscribe, and like my content. Thanks, Bros
ADA Analysis ADA is looking quite good and is bullish above $0.43 . If the price can hold above $0.468, I would be looking for a quick move to $0.478 which is strong structural resistance. ADA is showing 3 drives of bullish divergence on the RSI. ADA has already completed a deep retracement resulting in a higher low.
All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice. I will try to update my positions frequently .
When price was bulling it created hh,hl,hh,hl, but in 1D it shifted and creating hl,ll,hl,ll, so the price is creating corection move/liquidation move. . The price is near to test a very critical area, to grab liquidity and bull till the area of 1D previous very high. . The price, where it is, is a risky. . it is better to wait until it reaches the liquidity...
The Loonie (USD/CAD) has just bounced off the pivot and could potentially rise to the 1st resistance. Pivot: 1.37189 1st Support: 1.36879 1st Resistance: 1.37817 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...